Breaking News
Plan to transform transport across north of England unveiled
Transports chiefs claim £70bn 30-year road and rail upgrade will create 850,000 jobs
Making it easier for third parties to invest in Britain’s railway
Network Rail - Britain’s biggest builder - is making it easier for private companies to invest in the railway.
Batley and Spen MP Tracy Brabin highlights anger over bus cuts during PMQs
BATLEY and Spen MP Tracy Brabin highlighted residents' anger over bus cuts during Prime Minister's Questions today.
Thursday, 31 January 2019
ITV News
- Delay repay debate MP caught in rail delayColchester MP Will Quince obviously tempted fate when he held a debate urging the introduction of a new delay repay scheme.
The Guardian
- Plan to transform transport across north of England unveiledTransports chiefs claim £70bn 30-year road and rail upgrade will create 850,000 jobs
Times Online
- Rail companies pay out £200m to shareholders amid fare rises [subscription]Train operators paid shareholders dividends of more than £200 million last year as fares rose and delays increased, according to analysis by the rail watchdog.
Reuters News
- Deutsche Bahn discusses selling assets to boost finances: sourcesDeutsche Bahn executives discussed selling logistics arm Schenker during a meeting on Wednesday with Transport Minister Andreas Scheuer about how to boost the German rail operator’s finances, people at the meeting told Reuters
City AM
- Network Rail awards £5bn worth of contracts for next 10 years of railway managementNetwork Rail has tasked engineering giants including Babcock and Colas with looking after Britain’s railways for the next decade, handing out £5bn worth of contracts.
- Rail operators suffer fall in dividends as Waterloo closure and strikes hit bottom lineRail operators’ dividends dropped by a quarter last year, with firms blaming strikes and a month-long platform closure at London Waterloo.
Mail Online
- Virgin Trains USA launching IPO, developing passenger linesORLANDO, Fla. (AP) - A passenger rail company that is connecting South Florida with Orlando is planning a public offering of common stock that the company is valuing at more than $500 million.
Network Rail
- Making it easier for third parties to invest in Britain’s railwayNetwork Rail - Britain’s biggest builder - is making it easier for private companies to invest in the railway.
Other Regional Press
- Top level meeting to thrash out future of Glasgow's airport rail linkA TOP level meeting is to take place on the future of the Glasgow airport rail link.
New Civil Engineer
- DfT boss says Heathrow Southern Rail proposal ‘falls short’A senior official from the Department for Transport (DfT) has said that the private sector proposal to build a southern rail link to Heathrow “falls short” of government requirements.
Rail Technology Magazine
- Network Rail unveils winners of 10-year contracts for £5bn rail system upgradesNetwork Rail has announced its preferred bidders to deliver track and rail system upgrades over the next 10 years in the south of England and in Scotland, worth an estimated £5bn. The contracts, initially five years with the option to extend to 10, have been awarded to Colas Rail and Aecom...
- Franchise payments to government slump by 40% as falling passenger numbers, strikes and delays hit rail industry's incomeFalling passenger numbers has seen the rail industry suffer a fall in income in last the year, resulting in a 40% drop in franchise payments to the government, the rail regulator has revealed. The ORR’s annual report shows that the rail industry is being squeezed after upgrade delays...
- Unite and Hitachi urge government for immediate investment in UK train manufacturersThe Unite union has written to Chris Grayling, with Hitachi’s backing, warning the government to support UK manufacturing, jobs and skills by investing in rail infrastructure or risk “shunting the UK’s rail manufacturing renaissance into the sidings.” The letter from...
Railnews
- Network Rail awards contracts worth £5bnCONTRACTS worth at least £5 billion have been awarded in principle by Network Rail to several engineering firms.
Other News Sources
- New train arrives at Hull TrainsThe HST arrived in the city last night. A new train has arrived at Hull Trains, in a bid to bolster its fleet and improve reliability
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